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Re: caldred post# 52319

Wednesday, 08/17/2011 3:23:37 PM

Wednesday, August 17, 2011 3:23:37 PM

Post# of 92652
With the stock locked, who would buy shares, private placement or otherwise? $1,000,000. At current prices, that's a lot of shares.

Board of Advisors...an advisory board would have no legal liability and not the same as a director. Otherwise, no one in their right mind would step into this company in any position. IMO.

No private placement will fly unless they're confident the lock will be lifted. One option for this company might be to take it private through sale.

I've lost several thousand $ on this turd. A buyout would be a blessing.